City comparison
Oklahoma City, OK vs Richmond, VA
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Richmond, VA are 8.2% higher than in Oklahoma City, OK. Someone earning $100,000 in Oklahoma City, OK would need about $108,200 in Richmond, VA to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,507 a month in Richmond, VA versus $1,017 in Oklahoma City, OK. On $100,000, that's 24% of take-home pay in Richmond, VA and 16% in Oklahoma City, OK.
- On $100,000, estimated state income tax is about $981 a year higher in Richmond, VA than in Oklahoma City, OK.
- For federal employees, locality pay changes a GS-13 step 1 salary by +4.5% moving from Oklahoma City, OK to Richmond, VA ($106,437 → $111,183), while prices change by +8.2%. Net effect of the transfer: −3.5% in real buying power.
- Oklahoma City, OK: price level 90.4 (much cheaper)
- Richmond, VA: price level 97.9 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Oklahoma City, OK | Richmond, VA | |
|---|---|---|
| Price level (U.S. = 100)2 | 90.4 | 97.9 |
| $100,000 is worth, in the other city2 | $108,240 in Richmond | $92,387 in Oklahoma City |
| Typical 1-bedroom rent3 | $1,017/mo | $1,507/mo |
| Take-home on $100,00014,15,8 | $75,226 | $74,244 |
| State income tax on $100,000 (estimate)8 | $3,955 (OK) | $4,936 (VA) |
| Rent burden on $100,000 | 16% | 24% |
| Median pay, all jobs4 | $47,230 | $51,460 |
| Federal locality pay area7 | Rest of U.S. | Richmond, VA |
Rent areas: Oklahoma City, OK HUD Metro FMR Area and Richmond, VA HUD Metro FMR Area. Metro areas: Oklahoma City, OK and Richmond, VA.
What costs more or less
| Price level (U.S. = 100) | Oklahoma City | Richmond |
|---|---|---|
| Housing (rent) | 73.9 | 99.1 |
| Goods | 93.8 | 96.8 |
| Utilities | 74.1 | 89.2 |
| Other services | 95.5 | 98.6 |
| Overall | 90.4 | 97.9 |
Moving with the same $100,000 salary
Oklahoma City, OK → Richmond, VA
Same pay buys less
Buying power −7.6%; rent takes 24% of take-home; state tax +$981/yr.
45 Weak offer
Richmond, VA → Oklahoma City, OK
Same pay goes further
Buying power +8.2%; rent takes 16% of take-home; state tax −$981/yr.
95 Strong offer
On the GS pay scale?
Oklahoma City, OK is in the Rest of U.S. pay area; Richmond, VA is in Richmond, VA. The last column shows what a transfer from Oklahoma City, OK to Richmond, VA at the same grade and step does to real buying power.
| Grade5,2 | Oklahoma City, OK | Richmond, VA | Real change, Oklahoma City → Richmond |
|---|---|---|---|
| GS-9 step 1 | $61,722 | $64,475 | −3.5% |
| GS-11 step 1 | $74,678 | $78,009 | −3.5% |
| GS-12 step 1 | $89,508 | $93,499 | −3.5% |
| GS-13 step 1 | $106,437 | $111,183 | −3.5% |
| GS-14 step 1 | $125,776 | $131,385 | −3.5% |
Pay for common jobs
| Median annual pay4 | Oklahoma City, OK | Richmond, VA | Richmond pay in Oklahoma City dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $48,780 | $61,290 | $56,624 (+16.1%) |
| Software Developers | $122,390 | $132,120 | $122,062 (−0.3%) |
| Accountants and Auditors | $77,280 | $84,220 | $77,808 (+0.7%) |
| Registered Nurses | $82,920 | $93,580 | $86,456 (+4.3%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.